Intelligence-led security firm FireEye yesterday announced the acquisition of Respond Computer software, a firm that takes advantage of automation to support clients to comprehend and look into security incidents.
The transaction closed on November 18, 2020, and is valued at approximately $186m in income and inventory.
FireEye said that the acquisition of Respond Application will open up new market place opportunities to deliver Extended Detection and Response (XDR) abilities to a wide vary of buyers. On top of that, the offer will allow Mandiant Solutions to scale its expertise and entrance-line intelligence as portion of the Mandiant Advantage system.
“Respond’s product substantially reduces time put in investigating untrue positives as it connects the dots between siloed, multi-seller security controls in an straightforward-to-deploy cloud-primarily based package deal,” explained Mike Armistead, Respond Software’s chief government officer prior to the acquisition.
“Now coupled with Mandiant’s earth-course threat intelligence and incident response expertise feeding our styles, prospects can be self-assured the most up-to-day and suitable attack practices and procedures are recognized and properly escalated.”
California-primarily based business React is creator of the Respond Analyst, an XDR engine that takes advantage of cloud-primarily based data-science types to speed up cyber-investigation and response. Following ingesting data from a comprehensive established of security technologies, the engine routinely correlates multi-sourced attack evidence.
FireEye plans to make the XDR technology an integral section of the Mandiant Benefit system, bringing vendor-agnostic XDR and investigation capable of integration with all client environments. The organization mentioned the changes will quicken response moments and deliver improved security outcomes for clients.
“With Mandiant’s position on the entrance traces, we know what to look for in an attack, and Respond’s cloud-primarily based device understanding productizes our skills to deliver a lot quicker results and guard extra consumers,” stated Kevin Mandia, FireEye chief govt officer.
“This generates a understanding system with new capabilities that will permit us to grow our Mandiant portfolio and generate new XDR earnings as a result of our Mandiant Benefit platform.”
Max Gazor from CRV, who led the Respond Software’s Sequence Seed spherical in 2016, commented: “Answer Software’s acquisition follows in the footsteps of other excellent CRV portfolio businesses such as CloudGenix (acquired by Palo Alto Networks), Affirmed Networks (acquired by Microsoft), and Signal Sciences (obtained by Fastly) creating it the fourth big acquisition in CRV’s portfolio this yr.”